Min Lai
Which tennant is better
I currently have two applications:
1. A single man who just divorced and got debts from the divorce. He said his credit was serverly damaged by divorce, so he would like to prepaid 10K around 7 month rents but he don'...
Lee V.
Tenant wants to pay for a 6 month lease up front, should I do it
A 20 year old college student is wanting to rent my cottage for 6 months because she graduates this year and is planning on moving out of state. Her grandfather will be paying me the full amount up front. She is curre...
Tim Vecchioni
Developing relationships with HML before 1st purchase?
So I am finding my first problem. The fear of finding a deal and not being able to finance it. A lot of deals require a EMD. No problem. However, if you get that deal and put the EMD in, now it's on you to find the r...
Matyas Sustik
Landlord cannot deliver possession
[We have been landlords for 8+ years in TX, and for the last 5 we were also renters in CA. Where we live, it is more economical to rent than to own. So we know both sides of the transaction.]We are about to sign a new...
Cameron Salmon
Better to use Owner Financing or Subject to?
I have a property I want to buy from a couple getting a divorce, but it has an existing mortgage with a balance of $150,000. Asking Price is $180,000 with $20,000 down payment. He's okay with seller financing, but is ...
Kenneth Lim
Downpayment
Hi, I would like to know if I see a good deal,
- Should I put a 10% downpayment first before asking my bank for a loan? [b]
OR[/b]
- Should I ask my bank for the loan first and if the bank agreed to loan; I put my ...
Dan Previti
New Partnership of friends looking to get started!
Good morning all,My name is Dan and I've been lurking on and off of this site and listening to some of the podcasts for about a year so far.A few close friends and myself started a General Partnership officially as an...
Maurice Smith
refinanced my loan , need advice before closing
BP,
I need some input , what would be considered a good interest rate on a 4 plex investment property ( non owner occupied)? I closed at 6.125% with a loan amount of $277k back in feb 2019. I refinanced at 4.875%...
Gerald Cameron
Looking to get started in real estate investing
I am looking to invest in the CLE and Toledo markets. I have no idea where to begin. I want to purchase my 1st invest in the next 2-3 months, but I need help analyzing a good deal and getting financing. Any suggestion...
Mumu Shang
Bankruptcy Trustee Shortsale
Does anyone has experience buying Bankruptcy Trustee Short sales?I just started stepping my foot into Real Estate Investing. I'm interested in a short sale that is asking for 70,000. The value of the house after repai...